Bank and Muscle man

It is shocking to know that banks are outsourcing the job of recovery of money from borrowers to muscle men. These men are harassing and humiliating the borrowers to get the money. Many a people are not able to bear such harassment and humiliation, a few of them get desperate to such a extent that they are taking their own life. In the latest case in court, one man committed suicide for not able to pay the loan which he borrowed for buying a scooter. This example shows inhumane nature of some banks, a few of them has reputation in the market.

Supreme court has sent many scriptures to banks for such harsh practices for recovery of money in 2007. There is already law which gives power to the banks for recovery of money from recalcitrant borrowers. But banks are taking law in there hand, as they couldn't compromise delay in payment. Banks are outsourcing works for incorporating new technologies and overloaded work. But using muscle men is a criminal act as it is going to nurture a class which are not supposed to be active in our society.

Banks should ensure that to whom they are giving money, would return money or not, especially when they are lending for vehicles. Money spent on such items could be recovered if the income level of the borrower is not enough. Again, anyone who is committing suicide must have some reason for not to pay. Banks are not the landowner of the past or more specifically of the period of the English. Banks should lend money for helping customers and so they should only press the borrower for not making delay, but they should never use criminal means which compelled people to take their own life. Such action will diminish the reputation of the banks and so banks should take care of their dignity. Banks are the agent of community development and so they must maintain their dignity, otherwise they must be thrown away.